NBER WORKING PAPER SERIES TO 2007 Patrick Bajari
... observe which of the two underlying causes actually triggers default in each particular case. Carefully distinguishing between these two causes is important, because unlike prime borrowers, subprime mortgage borrowers tend to have poor credit quality and thus are likely to face liquidity constraints ...
... observe which of the two underlying causes actually triggers default in each particular case. Carefully distinguishing between these two causes is important, because unlike prime borrowers, subprime mortgage borrowers tend to have poor credit quality and thus are likely to face liquidity constraints ...
HUANENG POWER INTERNATIONAL INC (Form: 20
... each of the years in the three-year period ended December 31, 2010 are derived from the historical financial statements included herein. Our consolidated balance sheet data as of December 31, 2008, 2007 and 2006 and income statement and cash flow data for each of the years in the two-year period end ...
... each of the years in the three-year period ended December 31, 2010 are derived from the historical financial statements included herein. Our consolidated balance sheet data as of December 31, 2008, 2007 and 2006 and income statement and cash flow data for each of the years in the two-year period end ...
From Elite Lawbreaking to Financial Crime: The Evolution of
... The aim of this paper is to provide economic sociologists and political economists with a conceptual foundation for future research on financial crime by reviewing the literature on white-collar crime. First the paper traces the origins and evolution of the concept of white-collar crime and identifi ...
... The aim of this paper is to provide economic sociologists and political economists with a conceptual foundation for future research on financial crime by reviewing the literature on white-collar crime. First the paper traces the origins and evolution of the concept of white-collar crime and identifi ...
deep roots dynamic vision - Brown
... its best year yet since becoming part of the Brown-Forman family nearly a decade ago. ...
... its best year yet since becoming part of the Brown-Forman family nearly a decade ago. ...
Subprime Lending, Suboptimal Bankruptcy: A Proposal to Amend
... relatively recent phenomenon. When the Bankruptcy Code was adopted in 1978, policymakers were not concerned with the impact of mortgage lending on bankruptcy policy. Quite the opposite: in the environment of the late 1970s, in which home mortgage credit was highly rationed,9 policymakers were concer ...
... relatively recent phenomenon. When the Bankruptcy Code was adopted in 1978, policymakers were not concerned with the impact of mortgage lending on bankruptcy policy. Quite the opposite: in the environment of the late 1970s, in which home mortgage credit was highly rationed,9 policymakers were concer ...
World Economic Outlook - September 2011
... As used in this report, the terms “country” and “economy” do not in all cases refer to a territorial entity that is a state as understood by international law and practice. As used here, the term also covers some territorial entities that are not states but for which statistical data are maintained ...
... As used in this report, the terms “country” and “economy” do not in all cases refer to a territorial entity that is a state as understood by international law and practice. As used here, the term also covers some territorial entities that are not states but for which statistical data are maintained ...
Certificates of Deposit Linked to the J.P. Morgan Efficiente Plus DS 5
... The J.P. Morgan Efficiente Plus DS 5 Index (Net ER) The J.P. Morgan Efficiente Plus DS 5 Index (Net ER) (the “Index”) was developed and is maintained and calculated by J.P. Morgan Securities plc (“JPMS plc”), one of our affiliates. JPMS plc acts as the calculation agent for the Index (the “index ca ...
... The J.P. Morgan Efficiente Plus DS 5 Index (Net ER) The J.P. Morgan Efficiente Plus DS 5 Index (Net ER) (the “Index”) was developed and is maintained and calculated by J.P. Morgan Securities plc (“JPMS plc”), one of our affiliates. JPMS plc acts as the calculation agent for the Index (the “index ca ...
risk management five years after the crisis
... remain. Despite considerable investment in recent years, data and IT remain challenges, and enhancements continue year in and year out. Against this backdrop, new conduct issues have arisen, leading to a refocused effort. Culture, which was an issue identified at the time of the crisis, is now cente ...
... remain. Despite considerable investment in recent years, data and IT remain challenges, and enhancements continue year in and year out. Against this backdrop, new conduct issues have arisen, leading to a refocused effort. Culture, which was an issue identified at the time of the crisis, is now cente ...
SONIC AUTOMOTIVE INC (Form: 10-K, Received: 02
... believe the development, refinement and implementation of these operating processes will enhance the customer experience, make us more competitive in the markets we serve and drive profit growth across each of our revenue streams. Invest in Dealership Properties. Historically, we have operated our d ...
... believe the development, refinement and implementation of these operating processes will enhance the customer experience, make us more competitive in the markets we serve and drive profit growth across each of our revenue streams. Invest in Dealership Properties. Historically, we have operated our d ...
Information Risk and Credit Default Swap Markets
... contracts of five-year maturity are considered most liquid. While CDS includes basket CDS and CDS indices (Fabozzi et al., 2007), single-name CDS are the most commonly used credit derivative instrument accounting for nearly half of the credit derivative market’s share (Blanco et al., 2005). A CDS as ...
... contracts of five-year maturity are considered most liquid. While CDS includes basket CDS and CDS indices (Fabozzi et al., 2007), single-name CDS are the most commonly used credit derivative instrument accounting for nearly half of the credit derivative market’s share (Blanco et al., 2005). A CDS as ...
TETRA TECHNOLOGIES INC (Form: 10-K, Received
... The Fluids Division provides both stock and custom-blended CBFs based on our customers’ specific needs and the proposed application. We also provide a broad range of associated services, including onsite fluids filtration, handling and recycling; wellbore cleanup; fluid engineering consultation; fl ...
... The Fluids Division provides both stock and custom-blended CBFs based on our customers’ specific needs and the proposed application. We also provide a broad range of associated services, including onsite fluids filtration, handling and recycling; wellbore cleanup; fluid engineering consultation; fl ...
essays on market frictions in the real estate market
... markets. On the other hand, liquidity is a feature of assets and generally refers to the relative ease with which trades can be made without resulting in a significant change in price. The less liquid the market, the harder it is to complete a market transaction. In extreme cases, the market complet ...
... markets. On the other hand, liquidity is a feature of assets and generally refers to the relative ease with which trades can be made without resulting in a significant change in price. The less liquid the market, the harder it is to complete a market transaction. In extreme cases, the market complet ...
Vanguard Windsor Funds Statement of Additional Information
... Some of the investment strategies and policies described on the following pages and in each Fund’s prospectus set forth percentage limitations on a Fund’s investment in, or holdings of, certain securities or other assets. Unless otherwise required by law, compliance with these strategies and policie ...
... Some of the investment strategies and policies described on the following pages and in each Fund’s prospectus set forth percentage limitations on a Fund’s investment in, or holdings of, certain securities or other assets. Unless otherwise required by law, compliance with these strategies and policie ...
Form 10-K, 7/24/01
... Pictures and Miramax Film Corp.) and Metro-Goldwyn-Mayer Inc. (including MGM Pictures, United Artists Pictures Inc., Orion Pictures Corporation and Goldwyn Entertainment Company). In recent years, however, true "independent" motion picture production and distribution companies have played an importa ...
... Pictures and Miramax Film Corp.) and Metro-Goldwyn-Mayer Inc. (including MGM Pictures, United Artists Pictures Inc., Orion Pictures Corporation and Goldwyn Entertainment Company). In recent years, however, true "independent" motion picture production and distribution companies have played an importa ...
Consolidated Profit and Loss Statement
... tests, as well as opening 35 start-up laboratories around the world, Eurofins has also made good progress on its financial objectives in H1 2016. Not only has margin increased significantly and capex started to return to historic levels of 6% of sales in spite of large ongoing investments on IT solu ...
... tests, as well as opening 35 start-up laboratories around the world, Eurofins has also made good progress on its financial objectives in H1 2016. Not only has margin increased significantly and capex started to return to historic levels of 6% of sales in spite of large ongoing investments on IT solu ...
IMPORTANT NOTICE You must read the following before continuing
... advice. You should consult your own counsel, accountant and other advisors for legal, tax, business, financial and related advice regarding purchasing the Notes. We are not, and the Initial Purchasers are not, making any representation to any offeree or purchaser of the Notes regarding the legality ...
... advice. You should consult your own counsel, accountant and other advisors for legal, tax, business, financial and related advice regarding purchasing the Notes. We are not, and the Initial Purchasers are not, making any representation to any offeree or purchaser of the Notes regarding the legality ...
ACE LTD (Form: 10-K, Received: 03/27/2003 13:18:04)
... continue”, and variations thereof and similar expressions, identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. We undertake no obligation to publicly update or review any forward-looking state ...
... continue”, and variations thereof and similar expressions, identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. We undertake no obligation to publicly update or review any forward-looking state ...
Financialization
Financialization is a term sometimes used in discussions of the financial capitalism that has developed over the decades between 1980 and 2010, in which financial leverage tended to override capital (equity), and financial markets tended to dominate over the traditional industrial economy and agricultural economics.Financialization describes an economic system or process that attempts to reduce all value that is exchanged (whether tangible or intangible, future or present promises, etc.) into a financial instrument. The intent of financialization is to be able to reduce any work product or service to an exchangeable financial instrument, like currency, and thus make it easier for people to trade these financial instruments.Workers, through a financial instrument such as a mortgage, may trade their promise of future work or wages for a home. The financialization of risk sharing is what makes possible all insurance. The financialization of a government's promises (e.g., US government bonds) is what makes possible all government deficit spending. Financialization also makes economic rents possible.